Warner, MP3.com both cut music deals

Millions of copies of songs are already freely circulating on the Internet in the unauthorized MP3 format. By forming partnerships, the record labels hope to streamline the process of converting content into formats that can sold online.

Millions of copies of songs are already freely circulating on the Internet in the unauthorized MP3 format. By forming partnerships, the record labels hope to streamline the process of converting content into formats that can be sold online.

MP3.com, publishers reach preliminary pactupdate
The Web music service agrees to a preliminary three-year, $30 million deal with the National Music Publishers' Association's licensing subsidiary, The Harry Fox Agency.